Tag

Offshore Wind

All articles tagged with #offshore wind

politics13 days ago•3 min saved

California pursues court action over Trump offshore wind cuts

California issued an investigative subpoena to German energy firm RWE as part of a broader probe into the Trump administration’s efforts to cancel offshore wind projects, arguing the settlements divert funds and are unlawful and signaling it will take the matter to court; the state has previously subpoenaed Golden State Wind and Invenergy as it continues to challenge offshore wind cancellations that have already paused several California projects.

via politico.com|

#california #legal-action #offshore-wind

opinion14 days ago•14 min saved

Trump's anti-wind stance costs billions and stalls America's energy future

The New York Daily News editorial board argues that Trump's opposition to offshore wind has led to about $4 billion in payments to cancel projects, harming energy independence, raising costs for consumers, and accelerating climate risks, while urging renewed evaluations so viable wind projects can proceed and reduce reliance on volatile energy markets.

via New York Daily News|

#climate-change #energy-policy #offshore-wind

politics17 days ago•4 min saved

Trump Admin Redirects Billions From Offshore Wind To Fossil Fuels

The Trump administration has reached a $1.22 billion settlement with German energy firm RWE to cancel offshore wind leases near New York, California, and Louisiana, diverting funds to fossil-fuel projects including a 16% stake in an LNG venture and plans for natural gas plants. This marks the fifth deal of its kind, bringing total payouts to about $4 billion to kill green-energy projects and prompting criticism over taxpayer costs and environmental impact.

via Engadget|

#energy-policy #fossil-fuels #lng

local18 days ago•5 min saved

Humboldt Bay Offshore Wind Pause Triggers Local Backlash as Feds Buy Back Leases

The Trump administration agreed to pay about $1.22 billion to buy back three offshore wind leases, including one off Humboldt Bay from German firm RWE, effectively halting the projects and drawing sharp criticism from Humboldt County officials who argue the move undermines clean energy, jobs, and local economic gains, while California and the state’s agencies continue pursuing renewable energy goals and related infrastructure funding.

via Lost Coast Outpost|

#humboldt-bay #lease-buyback #local

climate-and-environment18 days ago•6 min saved

California Offshore Wind Faces Setback as RWE Walks Away in $1.22B Deal

German energy company RWE agreed to abandon offshore wind leases off New York, Louisiana and California’s Humboldt coast in a $1.22 billion deal with the Trump administration, the largest of five such buyouts totaling about $2.7 billion aimed at steering projects away from offshore wind toward fossil fuels; the deal jeopardizes California’s 2045 offshore wind goals, leaving only two West Coast leases, as RWE reallocates funds to an LNG terminal stake and natural gas turbine development, a move critics say undermines clean energy and jobs while California pursues its climate targets.

via Los Angeles Times|

#california #climate-and-environment #fossil-fuels

politics18 days ago•2 min saved

Trump admin pays $1.22B to drop offshore wind leases, steering funds to fossil fuels

The Trump administration struck a $1.22 billion deal with German firm RWE to relinquish offshore wind leases off New York, California, and Louisiana and redirect resources toward fossil-fuel projects, including a $900 million LNG stake and a $300 million pipeline of gas peaker plants. Critics say the settlement is part of a pattern of payouts to kill renewables, wasting taxpayer money while expanding fossil fuel infrastructure, with total government spend on canceled offshore wind projects approaching $4 billion.

via The Guardian|

#fossil-fuels #offshore-wind #politics

politics1 month ago•121 min saved

Trump freezes offshore wind development over national security concerns

President Donald Trump announced a halt to offshore wind development, citing national security concerns and launching a broader review of energy policy; the move pauses projects and has sparked debate between supporters who view it as a security measure and critics who warn it could undermine clean energy goals and jobs.

via AP News|

#climate-and-environment #donald-trump #energy-policy

energy1 month ago•5 min saved

Wind Jobs at Risk as Trump Halts Projects and Bets on Lease Buyouts

Trump’s wind-energy crackdown—stop-work orders, halted leases, and more than $2.6 billion in lease buyouts—has unsettled union workers on offshore projects like Revolution Wind, threatening thousands of well-paid jobs even as some turbines come online; supporters say the moves prioritize existing infrastructure while critics call them costly and job-destroying for the industry.

via The Guardian|

#energy #offshore-wind #stop-work-orders

politics1 month ago•8 min saved

Billion-dollar wind-to-gas swaps spark accusations of illegality and higher bills

The Interior Department is accused of orchestrating nearly $3 billion in taxpayer funds to fossil-fuel projects by canceling offshore wind leases with TotalEnergies, Invenergy, and Duke Energy in favor of gas, arguing the actions are illegal and would raise Americans' energy costs; lawsuits are expected as courts review the moves.

via Electrek|

#energy-policy #energy-security #fossil-fuels

energy1 month ago•4 min saved

Duke Energy Redirects $129M From Scrapped Offshore Wind to Grid-Strengthening Projects

Duke Energy will redirect nearly $129 million tied to its canceled Carolina Long Bay offshore wind lease into investments to add generating capacity and grid upgrades—potentially including new natural gas or advanced nuclear—aimed at improving reliability and keeping costs low for Carolinas customers, under a settlement with the Trump-era Interior Department.

via Carolina Journal|

#carolina-long-bay #department-of-the-interior #duke-energy

world1 month ago•6 min saved

Solar Surge Behind Backlash to Trump’s Fossil-Fuel Push

Trump’s aggressive push to boost fossil fuels and curb offshore wind faces legal and political pushback, even as solar power posts record gains in May 2026 and rooftop/plug-in solar expands, with California and New York pursuing actions to accelerate clean energy despite ongoing policy headwinds.

via Euronews|

#energy-policy #offshore-wind #renewables

politics2 months ago•18 min saved

Trump backs fossil-fuel pivot: $765 million to cancel wind leases, fund gas and geothermal plants

The Interior Department will pay $765 million to Invenergy to abandon four offshore wind leases off New York, California, and Maine, redirecting the funds to build at least five natural gas plants and geothermal projects, bringing total government wind-cancellation spending to about $2.6 billion. Democrats criticize the move as blocking renewables and potentially raising power bills, while supporters say it shifts funding toward more reliable energy and national security concerns; the deals follow prior arrangements with TotalEnergies and have drawn legal challenges from some states.

via Yahoo Finance|

#energy-policy #invenergy #natural-gas

energy2 months ago•18 min saved

Trump admin buys back CA offshore wind leases, redirects funds to gas and geothermal

The Interior Department announced a $765 million buyback of four offshore wind leases held by Invenergy, including the Even Keel Wind project off Morro Bay; Invenergy will redirect the payout to natural gas power plants and geothermal projects across several states. The move marks the second California offshore wind lease to be withdrawn under the Trump administration, drawing criticism from California officials who say it undercuts clean energy goals and energy security. California is pursuing legal remedies while continuing to explore its offshore wind plans, which rely on floating turbines and focus on Morro Bay and Humboldt Bay rather than San Diego.

via San Diego Union-Tribune|

#buyback #california #energy

climate-and-environment2 months ago•7 min saved

Trump pays $765 million to end California offshore wind and fund gas/geothermal

The Trump administration will reimburse Invenergy $765 million to terminate four offshore wind leases, including the Morro Bay lease off California, and redirect investments to natural-gas-fired power and geothermal projects. The move marks a continued effort to wind down the U.S. offshore wind program and faces criticism from California officials and environmental groups who argue it undermines clean-energy goals and could invite legal challenges over taxpayer funds; only three California offshore wind leases remain, underscoring a shift driven by policy and market dynamics toward gas and geothermal.

via Los Angeles Times|

#california #climate-and-environment #energy-policy

politics2 months ago•17 min saved

US buys back wind leases to cancel four offshore wind projects

The Trump administration is terminating four planned offshore wind projects by purchasing the developers’ leases, effectively cancelling the projects (including Sunrise Wind off Montauk Point, NY) as part of a shift in U.S. energy policy.

via AP News|

#energy-policy #leases #offshore-wind